singapore high court

WazirX Restructuring Plan Rejected By Singapore Excessive Courtroom; Crypto Agency to Attraction Determination

Newz BabaJune 5, 202504 mins

WazirX customers who misplaced their funds within the $230 million (roughly Rs. 1970 crore) hack final 12 months, might have to attend longer to obtain reimbursements from the crypto trade. On Wednesday, the Excessive Courtroom of Singapore rejected WazirX’s restructuring scheme, in keeping with an replace posted by the trade on X (previously Twitter). This…

WazirX Reimbursement Plan Faces Delay as Singapore Court docket Extends Present Moratorium to June 6

Newz BabaMay 17, 2025May 17, 202504 mins

WazirX not too long ago concluded the shopper voting on its restructuring scheme designed to compensate customers affected by the hack incident in July final 12 months. After a majority of collectors voted in favour of the proposal, the trade reported the event to the Singapore Excessive Court docket, searching for a closing nod to…